Unusual Options Activity Spikes In Consumer Staples SPDR (XLP)

Discussion in 'Wall St. News' started by archon, Jul 2, 2008.

  1. archon



    Unusual Options Activity Review:

    Consumer Staples SPDR (XLP)

    Posted on 7/2/2008 in Trading & Technology by Henry Schwartz

    Consumer Staples SPDR (XLP) $26.72
    We've seen a major spike in short-dated call activity in this ETF over the past two weeks in what may be a play for continued outperformance in the sector. While YTD average daily volume has been a quiet 1,257 contracts in the product, over the past 10 sessions we've seen significant growth, with a notable bias to call buying and growing upside open interest...

    full article here: